Senmiao Technology (NASDAQ:AIHS) Trading Up 4.8%

Senmiao Technology Limited (NASDAQ:AIHS) shot up 4.8% during trading on Tuesday . The company traded as high as $0.96 and last traded at $0.96. 3,207 shares traded hands during trading, a decline of 88% from the average session volume of 26,467 shares. The stock had previously closed at $0.92.

Senmiao Technology Price Performance

The stock has a 50-day simple moving average of $0.96 and a 200 day simple moving average of $0.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.50 and a current ratio of 0.50. The stock has a market capitalization of $10.14 million, a P/E ratio of -2.35 and a beta of 1.05.

Senmiao Technology (NASDAQ:AIHS) last released its quarterly earnings results on Thursday, June 27th. The company reported ($0.14) earnings per share (EPS) for the quarter. Senmiao Technology had a negative net margin of 53.85% and a negative return on equity of 62.60%. The firm had revenue of $1.27 million during the quarter.

Senmiao Technology Company Profile

Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. It operates through two segments, Automobile Transaction and Related Services, and Online Ride-Hailing Platform Services. The company offers car rental services to individual customers; and auto finance solutions through financing leases.